Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

Wien Energie, the largest energy supplier in Austria, is testing a range of blockchain use cases in anticipation of rolling out fully-fledged services that might soon incorporate them.

"We are testing blockchain-based services in Vienna's Viertel Zwei and once we have collected enough experience there, we will develop business models and bring them to the market," Wien Energie's chief innovation officer, Astrid Schober, told Reuters.

Those offerings could include electric car stations that are connected via the technology, as well as services around land registry and power supply, among others.

Wien Energie has previously trialed blockchain technology in its commodity trading operations, and Schober indicated that the company does not want to be left behind in the technology's wake.

"If the technology means there are no more intermediaries anymore, it becomes an issue for us, so we are actively looking into other business models," Schober said.

Wien Energie is also part of Enerchain, a consortium of European utility providers that are piloting new trading platforms. As previously reported by CoinDesk, the energy industry has shown a keen interest in integrating blockchain technology.

In late January, for example, the U.S. Department of Energy announced a partnership with blockchain startup BlockCypher to explore peer to peer energy exchanges. Likewise, Shell, BP and others decided to back a blockchain trading platform last year.

Power lines image via Shutterstock


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.